Implication of Demand and supply.
Agricultural science S.S.S 2 Third term.
Week 9
Implication of Demand and supply.
Performance objectives.
Students should be able to:
- Discuss the meaning of price support.
- Explain the meaning of price support.
- Indicate what a subsidy programme is all about.
Content
Implications of Demand and Supply for Agricultural Production.
The implications of demand and supply for agricultural products include the following:
- When the demand for a farm produce exceeds supply, price tends to rise.
- When the demand for a farm produce is lower than the supply, the price falls.
- Increase in the income of the consumer will make them demand for more farm produce vice versa.
- Increase in.... View More
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Subject Scheme & Timeline:
- Environmental Physiology.
- Livestock management.
- Animal Nutrition
- Range-land management.
- Basic Economic Principles
- Agricultural Science SSS2 Third Term Mid-Term Assessment
- Test
- Factors of production.
- Principle of Demand.
- Principle of Supply.
- Implication of Demand and supply.
- Functions and problems faced by farm managers.
- Agricultural Science SSS2 Third Term Final Assessment
- Test
- Chapters 12
- Category SSS2
- Author ClassNotes Edu
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